JAKARTA -- From Asia to Europe to the U.S., multinationals have made moves into Indonesia to secure access to its vast reserves of nickel, as the country's export restrictions fuel competition for an essential metal for electric vehicle batteries.
Materials
Indonesia's nickel export ban spurs rush into vital EV metal supplier
POSCO, BASF and Ford join investment race, with Chinese players in the lead
An excavator loads a truck with nickel ore at a mine operated by Vale in South Sulawesi province. Indonesia is the world's largest producer of the material. © Reuters
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